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fringe ben/xtra comp flag on 450 deduction

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What does the fringe benefit/xtra comp flag do?  I read the user guide definition that says that it inflates the salary. If the district has there foundation reduced by the amount of the board share of retirement (they do not use the 450 deduction to pay the board shared), the board's share is set to 14% and the fringe/xtra comp flag is "Y"; does the salary get inflated on the STRSAD.RPT?  

Thanks for any clarification.
Deb
 
asked July 8, 2015 01:26 PM

 

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Hi Deb,

If the Fringe Benefit flag is set to Y then the earning on the STRS reports should be inflated accordingly.

Lori
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answered July 9, 2015 08:30 AM

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